The cord-cutting trend appears to have been stemmed for the time being, at least according to recent MoffettNathanson figures, which show that Q2 pay-TV subscriptions fell by only 305,000—a sizable drop from last year’s second-quarter loss of 387,000.
As the research firm’s chief analyst Craig Moffett noted, annualized cord-cutting rates stabilize at 400,000 when factored in with Q2 household-formation levels, all of which becomes minuscule in light of pay-TV’s roughly 100 million U.S. customers.
Still, the days of subscription television could be numbered in the long run, considering how most of the current revenue growth is due to the acceptance of rate hikes among pre-existing customers.
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